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MINT Acquires 45.4 Million Shares From Buyback Program
Affected tickers
Per-ticker News Sentiment Indicator
- MINTm_and_a · positive · high
MINT completed its share repurchase project, acquiring 45.4 million shares worth THB 1,047,832,640, which typically signals management's confidence in the company's value.
- ORother · neutral · high
The article discusses a share repurchase program for MINT, which has no direct impact on the operations or financial standing of OR.
Article body
Minor International Public Company Limited (SET:
MINT
) has informed the Stock Exchange of Thailand (SET) that the Share Repurchase Project for Financial Management Purposes was completed on June 2, 2026, in which the company has purchased a total number of 45,402,400 shares, equivalent to 0.80% of its paid-up capital, with a total value of THB 1,047,832,640.
On November 28, 2025, MINT has notified the SET that the company has launched the Share Repurchase Project for Financial Management Purposes with the amount of THB 5,000 million and the number of shares to be repurchased not exceeding 229 million shares, representing no more than 4.04% of the company’s total paid-up capital, by means of automatic order matching via the trading system of the SET. The share repurchase period was stipulated to not exceed 6 months, starting from December 3, 2025, until June 2, 2026.
The company shall be able to distribute the repurchased shares after a period of 3 months from the completion date of the share repurchase project, but not exceeding 3 years from such date. In the event that the company is unable to dispose the repurchased shares within the aforementioned period, the company may extend the disposal period for up to an additional 2 years, subject to approval of the Shareholders’ meeting being obtained prior to the expiry of the initial disposal period prescribed in the share repurchase project, provided that the weighted average price of the company’s shares during the 3 months period prior to the date on which the Board of Directors resolves to convene such Shareholders’ meeting is lower than the average repurchase price.
In case the company does not distribute or is unable to distribute all of the repurchased shares within the specified period, the relevant laws and regulations require the company to reduce its paid-up capital by deducting the undistributed repurchased shares. The distribution period of the repurchased shares shall be proposed to the company’s Board of Directors’ meeting for their consideration and will be announced thereafter.